NEW Energy Solar has agreed to acquire the 55.9MW Manildra Solar Farm, in Central West, New South Wales, from a subsidiary of First Solar for AU$113 million.
Thailand has filed a complaint with the World Trade Organisation (WTO) requesting consultations with the US over its 30% solar import tariffs and discussions over trade compensation, according to a WTO filing dated 21 June.
Genex Power has announced that the Northern Australia Infrastructure Facility (NAIF) Board has supported a financing structure for Genex’ Kidston State 2 Project through the provision of an indicative term sheet for a long-term concession debt facility of up to US$382 million.
Silicon Module Super League (SMSL) member JinkoSolar has supplied 275.4MW of high efficiency modules to a solar project in South Australia owned by a joint venture between Enel Green Power and Dutch Infrastructure Fund.
Thailand’s B.Grimm Power has signed a cooperation agreement with Vietnam’s Xuan Cau to develop the largest solar PV project in Southeast Asia, standing at 420MW capacity in Tay Ninh, southwest Vietnam.
Independent French power producer Akuo Energy has commissioned three PV-plus-storage microgrid projects that will provide power to the villages of Merabu, Long Beliu and Teluk Sumbang in Indonesia.
Sunseap International, a subsidiary of Singapore-based Sunseap Group, has started construction of its 186MW, US$150 million solar farm in Vietnam – claimed to be the largest PV project in the ASEAN region.
Major Thailand-based financier TMB Bank has issued the country’s first green bond, with the World Bank's IFC as the sole investor of the US$60 million bond, the funds of which will be used exclusively to finance climate-smart projects, particularly renewable energy.
According to Bloomberg New Energy Finance (BNEF), the global average selling price (ASP) of solar modules is expected to decline by 35% in 2018, compared to previous forecasts of a 20% to 27% decline, due to the Chinese government curtailing solar growth through new policies initiated last Friday.
Energy Networks Australia (ENA) has pushed for a more consistent approach to grid connections of solar PV and battery storage by issuing a set of guidelines.
